Short trade
7th July 24
Sellside - NY Session AM
30min TF entry
Sellside
Entry 139.0195
Profit level 133.4902 (3.98%)
Stop level 139.2692 (0.18%)
RR 22.14
SOLUSDT.P trade ideas
Solana 7224Is Solana in a bull penant on the monthly chart? I cant recall seeing a chart with this much potential in quite some time. If this is true we will be seeing a 2k dollar Solana in the future. I could see it starting its ascent very soon. Solana, Tesla, Silver. I really like these three.
SOL/USDTThis is something very risky, handle with caution as the current market sentiment might likely truncate waves, however here its.
Does #SOLANA fall with a triangle?!#SOLANA can continue to fall in the form of a triangle!!
Growth can stop on one of the points 1 or 2 (see photo).
Point 1: Key resistance ZONE of the daily time-frame and trend with a steeper slope
Point 2: the upper arm of the triangle
Drop targets in order:
Target 1: 120.54-122.00
Target 2: 94.47
Target 3: 79.26
This post is updated based on different time-frames
Do you agree with my opinion or not?!
SOLUSD - SOLBTCSOL keeps showing strength against both USD and BTC, against my expectations.
A bit of hindsight analysis, but the red markers show SOL coming into support on both pairs at the same time. Keep an eye out for this, whether it's on this coin or any others.
If you can't find the ALTBTC pair, you can always create it by typing "ALTUSDT/BTCUSDT" in the tradingview searchbox.
Even more important then buying double support: watch out for ALTBTC losing support or starting to downtrend. If this happens, your altcoin will keep underperforming on green days and outperform to the downside on red days.
$SOLLooking for a good entry for long position before short position active 🤔
Always dyor and use stop loss whatever your pisition.
$SOL is forming a symmetrical triangle pattern #SOL/USDT
Solana is forming a symmetrical triangle pattern💁♂️
The price has recently rebounded off the $120 support zone, indicating bullish momentum📈
If CRYPTOCAP:SOL breaks above the $140 resistance, it could target the upper resistance at $210🎯
The overall trend is supported by higher lows and significant buying volume at support levels📝
Long trade 12.10pm Sat July 24
Entry 5min TF
Observation
RSI 63.87
RSI base MA 64.52
Regular Bearish
Entry 141.6606
Profit level.150.4824 (6.23%)
Stop level 140.0519 (1.14%)
RR 5.47
Buyside
The decline of Solana is not yet complete.Based on the orders on Coinbase, the accumulation zone for Solana is between $80-$100, with possible future targets of around $1000. For those who follow Solana, this information might be useful.
#solana #sol
Solana can give 50% profitSolana attracts attention with pronounced bullish movement
Support in the area of 120-130 dollars
Resistance zone 150-155, a breakdown of which can send the price to the test at $300
It is important to maintain support around $120, since if it breaks out we can fall significantly down
I’m considering spot purchases, take profit targets of $200 and a second target of around 300, a lot will depend on the movement of Bitcoin
Sol Long
The SOL/USDT pair is currently at a crucial juncture, with bulls strongly defending critical levels amidst significant reversal signals. Liquidity has been absorbed at key support, suggesting the potential for a bounce if this level holds. It is important to conduct your own research (DYOR) and remember this is not financial advice (NFA).
Price Targets:
Should the bounce continue, resistance can be anticipated around $150 and $170. Conversely, if the price breaks downwards, look for support near $120 and $100. Remain attentive and trade cautiously.
SOLUSDT, BS2 WILL BE HIT OR NOT?The price hit the 138 Sol(BS 1), is it possible to hit 142 Sol ( BS2) too?
Maybe, we can get short in NY session in order to hit the Low of Today and then
start to rally to hit 142 Sol( BS2).
What do you think?
Sat 06 July - 7:38
SOL short to SOW in phase B distribution | Target around $93SOL is forming a daily distribution phase and heading towards the SOW in phase B in the green box. That's the LPS zone the Buying Climax.
Do not buy unless you hit to SOW and confirm support and go in.
For now, short and selling is the main trend until we land in the SOW in phase B around $93.
DCA around the box and confirm with indicators for bottom is in - watch the cup and handle to play out / double bottom / spring pattern
Indicators:
MACD: you can see the we will get a rejection on this indicator.
RSI: would reach around 20.
Stoch RSI: Would go back down
Reversal:
Stoch RSI to come back up, MACD and RSI too.
Solana: A Promising Long-Term BetSolana, one of the most complex and comprehensive projects in crypto, can be a good long-term bet. From this area, we could see a significant rise, and in case of a new correction, the lower zones might be the bottom for SOL in this cycle. A realistic top for Solana could be around $660. :)
Wait... Not Yet! Solana Is Going Lower!It is not the time to buy... Wait!
The market has been consolidating with a bearish bias for months, many months, since March 2024.
This consolidation pattern just witnessed a strong bearish move, the strongest since April.
The descending triangle support level based on candle close has been broken, that is the black dotted-line. This indicates that bearish action is intensifying.
When bearish action intensifies, it is either the correct time to sell or to stay out but not to buy... Buying with a bullish perspective would be a mistake on a bearish chart setup.
I am getting the feeling that you are anxious to make some mistakes and I rushed to my computer just to tell you to wait.
Give it time... Consider the weekly timeframe.
When a strong move develops, it needs time to settle.
Time means longer-timeframes and that's the weekly... Just wait.
Better prices are coming soon.
Thank you for your support.
Namaste.
SOLUSDT, The Most Setup I wished, Fri 05 Jul! (Part4)My short position after hit the Sellside ( Today`s Low), started to rally up!
I expected the price continue to go down but It didnt!
Why?
Because the price was still in discount area .
what was make me mistake? Maybe long consolidation of price!
Wait for Saturday or Sunday or Monday!
Here's How You CONSOLIDATE Your Portfolio Into WinnersGoing through my entire portfolio to judge performance vs Solana, which has been my golden goose this cycle.
I bought TSX:FIL in October 2023.
If I put that money in Solana instead, I’d be up 345% vs breakeven right now.
Obviously I’m selling that position here and flipping it into CRYPTOCAP:SOL
How to compare:
Jump onto TradingView and on the chart name type:
BINANCE:SOLUSDT/BINANCE:FILUSDT
You can swap out tickers and exchanges to compare your own portfolio.
SOLUSDT, The Most Setup I wished, Fri 05 Jul! (Part 3)Finally, I took the short Position !
Entry: 135.45
TP : 118
Lets See whats happens!
Fri 05 Jul - 18:10
#SOL/USDT at Critical Level!#SOL at a critical juncture: Make or break.
Bulls need to defend this crucial level.
While liquidity has already been absorbed, strong reversal signals are essential.
DYOR, NFA
Do hit the like button.
Thank you
#PEACE
SOLUSDT, The Most Setup I wished, Fri 05 Jul! (Part 2)In 15m TF, If price hit the Buyside level in PM session.
Maybe can get the short position.
After that maybe can get Long Position too!
Lets see what the price will be act?
Fri 05 Jul - 13:14
SOLUSDT, The Most Setup I wished, Fri 05 Jul! (Part 1)I mentioned in chart where I wished to get short!
I dont know when the price will be reached at this level.
But I will wait for it!
Fri 05 Jul -12:59
SOLUSDT, The Most Setup I wished, Fri 05 Jul!The Most setup I wished and dreamed is;
In 4h TF, price will rise up till FVG ( If Dont hit the Tue`s High) and
Then get short Position!
Target will be 122 or 118!
Fri 05 Jul - 12:51
